Grab Philippines is now seeking a Php 20 increase in its base fare due to rising fuel prices and the need to bring in more drivers to their GrabCar service. Roda pointed out that over two-thirds of its 65,000 drivers had quit in the past years and that 10 to 20% of the earnings of Grab drivers were cut due to rising fuel prices. So, with the increase in gas prices, it is much, much harder to attract drivers into the platform because they are afraid of what might happen. Not to mention the existing ones are complaining that they are kind of at the end of their patience as far as gas prices are concerned.”– Ronald Roda, Grab senior director for strategy and operations In order to lessen the burden on drivers, Roda mentioned that Grab had reduced its commission taken from drivers from 20% to as low as 12%. Digital services will have increased prices soon due to the Digital Services Law signed by Philippine President Ferdinand Marcos Jr. Netflix has informed their Philippine users that their prices will increase. Read more in our articles including "Grab seeks to increase base fare by Php 20" and "Apple TV+ prices to increase globally".
Grab Philippines is now seeking a Php 20 increase in its base fare due to rising fuel prices and the need to bring in more drivers to their GrabCar service. Roda pointed out that over two-thirds of its 65,000 drivers had quit in the past years and that 10 to 20% of the earnings of Grab drivers were cut due to rising fuel prices.
So, with the increase in gas prices, it is much, much harder to attract drivers into the platform because they are afraid of what might happen. Not to mention the existing ones are complaining that they are kind of at the end of their patience as far as gas prices are concerned.”– Ronald Roda, Grab senior director for strategy and operations In order to lessen the burden on drivers, Roda mentioned that Grab had reduced its commission taken from drivers from 20% to as low as 12%. Digital services will have increased prices soon due to the Digital Services Law signed by Philippine President Ferdinand Marcos Jr.
Our coverage of Grab increase prices includes: "Grab seeks to increase base fare by Php 20"; "Apple TV+ prices to increase globally"; "Netflix to increase prices with new digital tax in PH". Each article provides unique insights and information.